Company No: 11587585 (England)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2024		2023
		£		£
Fixed assets
Tangible assets	3	5,370		5,601
		5,370		5,601
Current assets
Stocks	4	900		1,700
Debtors	5	7,070		1,251
Cash at bank and in hand		4,409		4,352
		12,379		7,303
Creditors: amounts falling due within one year	6	( 12,074)		( 19,084)
Net current assets/(liabilities)		305		(11,781)
Total assets less current liabilities		5,675		(6,180)
Provision for liabilities		( 1,343)		0
Net assets/(liabilities)		4,332		( 6,180)
Capital and reserves
Called-up share capital		1		1
Profit and loss account		4,331		( 6,181 )
Total shareholder's funds/(deficit)		4,332		( 6,180)

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Collins Creations 3D Limited (registered number: 11587585) were approved and authorised for issue by the Director on 05 September 2025. They were signed on its behalf by:

C Collins Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Collins Creations 3D Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England. The address of the Company's registered office is Unit 1, Higher Newham Lane, Truro, TR1 2ST, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts and after eliminating sales within the company.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Government grants

Revenue grants have been received and have been written off to the profit and loss account.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 January 2024	15,688		15,688
Additions	1,028		1,028
At 31 December 2024	16,716		16,716
Accumulated depreciation
At 01 January 2024	10,087		10,087
Charge for the financial year	1,259		1,259
At 31 December 2024	11,346		11,346
Net book value
At 31 December 2024	5,370		5,370
At 31 December 2023	5,601		5,601

4. Stocks

	2024		2023
	£		£
Stocks	900		1,700

5. Debtors

	2024		2023
	£		£
Other debtors	7,070		1,251

6. Creditors: amounts falling due within one year

	2024		2023
	£		£
Taxation and social security	10,149		5,467
Other creditors	1,925		13,617
	12,074		19,084

7. Related party transactions

Transactions with the entity's director

	2024		2023
	£		£
C Collins - 0% interest	7,069		(11,028)

During the year, the director introduced funds amounting to £180 (2023 £Nil), withdrew funds totalling £18,278 (2023 £17,842) and interest was charged on the loaned amount of £Nil (2023 £Nil)